PowerBank Corporation Common Stock

PBK: Is PowerBank Corporation Common Stock Halal?

PowerBank Corporation Common Stock

NASDAQUtilitiesCA

$0.44

-0.79%

Market Cap: 23.8M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is PowerBank Corporation Common Stock (PBK) halal? Not Halal. Based on AAOIFI screening, PowerBank Corporation Common Stock passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

230.6% of 30.0% limit

What this means for you

Most scholars advise not holding PBK

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About PowerBank Corporation Common Stock

PowerBank Corporation focuses on developing and managing solar energy generation facilities. Its operations extend throughout the province of Ontario in Canada and New York state in the United States. The company's activities encompass the entire process, from securing necessary permits and engineering designs to constructing various types of solar projects: these include on-site, behind-the-meter (BTM) installations for power generation, as well as grid-tied community solar farms and extensive utility-scale solar arrays. Founded by Richard Lü on September 23, 2013, the firm maintains its headquarters in Toronto, Canada.

Sector: Utilities · Industry: Renewable Utilities

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

Tracked since Aug 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Utilities

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is PowerBank Corporation Common Stock (PBK) halal to invest in?
PowerBank Corporation Common Stock (PBK) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did PowerBank Corporation Common Stock get a F compliance rating?
PowerBank Corporation Common Stock (PBK) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 230.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change PowerBank Corporation Common Stock's Shariah verdict?
PowerBank Corporation Common Stock's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is PowerBank Corporation Common Stock re-screened for Shariah compliance?
PowerBank Corporation Common Stock (PBK) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 26, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.